Tokai Pharmaceuticals Reports $10M Round, Developing Drug for Prostate Cancer

Published: May 08, 2009

Xconomy --Tokai Pharmaceuticals, a Cambridge, MA-based drug developer, has landed $10 million of a proposed $22 million round of private equity financing, according to an SEC filing. The startup says that its main focus is advancing a new drug for prostate cancer that is unable to be treated with standard testosterone-blocking therapies, according to its website.

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